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OUR VISION
To deliver exemplary transshipment operations, procurement and charter services "on time" and "on budget" according to global safety and quality standards.
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Group Threatens 7-Day Protest If Nigerian Petroleum Company, NNPC Boss, Kyari Does Not Resign Within One Week
By: Sahara Reporters
In a statement signed by Comrade Augustine Adie, the group faulted the appointment of the CEO in Nigeria’s Oil and Gas Sector, noting that it didn’t follow the due process of law.
An anti-corruption group, The Coalition for Transparency has issued an ultimatum to Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd) to resign honourably now or be forced to do so.
In a statement signed by Comrade Augustine Adie, the group faulted the appointment of the CEO in Nigeria’s Oil and Gas Sector, noting that it didn’t follow the due process of law.
The NNPC recently officially transitioned to a private entity that would be regulated in line with the provisions of the Companies and Allied Matters Act (CAMA) in line with the Petroleum Industry Act (PIA) 2021.
As a commercial entity, NNPC Ltd will no longer have recourse to state funds. Its share and assets, including oil blocs and refineries, are now held by the ministries of petroleum and finance.
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How N50bn NIMASA floating dock rots away at Naval dockyard
By: Sun Newspaper
Four years after the Nigerian Maritime Administration and Safety Agency (NIMASA) acquired an N50 billion modular floating dock, the asset has continued to decay at the Nigerian Naval Dockyard, Wilmot Point, Victoria Island, due to management’s willful neglect.
Since arriving in Nigeria in 2018, the floating dock has remained idle and abandoned with the management refusing to put it into use for once contrary to the Federal Government’s expectation.
At inception, the government’s purpose for acquiring the asset was to boost the nation’s ship repair capacity and transform Nigeria’s maritime industry for wealth and employment creation.
But experts have said that Nigeria may be losing an estimated potential revenue of over N21.5 billion annually to neighboring dock facilities with the abandonment of the modular floating yard.
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Largest container port in UK faces workers strike over pay
By: Ships & Ports
More than 1,900 workers at Britain’s biggest container port Felixstowe plan eight days of strikes later this month due to discontent over pay, union Unite said, threatening supply chains if final talks with the employer fail.
The walkouts, which are planned to start on Aug. 21, would also have an impact on international maritime trade, the union warned, in addition to the impact on the region’s logistics and haulage sectors.
“Workers at the port of Felixstowe will begin strike action later this month in a dispute over pay after peace talks at the conciliation service Acas failed to produce a reasonable offer,” Unite said.
It said however that further talks were scheduled to take place on Monday.
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China navy drills force cargo ships to steer clear of Taiwan
By: Ships & Ports
Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the strait.
Taiwan said China fired 11 missiles in waters around the island as of 4 p.m. local time Thursday. The maneuvers, in response to US House Speaker Nancy Pelosi’s visit to the island this week, are taking place in six areas surrounding Taiwan, and China advised ships and aircraft not to go near the regions.
A statement by the Eastern Theater Command of the People’s Liberation Army said it had completed live-fire training and lifted relevant air and sea controls. It didn’t clarify whether that meant all exercises had ended, but the state-run People’s Daily later said controls off the eastern coast of Taiwan have been lifted. The drills began at noon on Thursday and were set to last until Sunday.
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